This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

[video] Tile Shop Can Benefit From Renewed Housing Market

The transcript that this video is based on appeared on Nov 12.

NEW YORK ( TheStreet) -- Tile Shop Holdings is poised to benefit from the renewed interest in the housing market as consumers feel more confident in the U.S. economy, according to Breakout Stocks' Portfolio Manager Bryan Ashenberg.

VIDEO TRANSCRIPT:

Investors should be building positions and breakout stocks favorite Tile Shop Holdings (TTS) . Tile shop is a rapidly growing specialty retailer of residential tiles. I love the stock's exposure to the resurging housing cycle, but more importantly remodeling work on existing homes has picked up as housing prices have stabilized and homeowners are now comfortable getting work on projects they had been delaying as the value the houses were sliding.

The proof is in the pudding & Tile Shop just reported third-quarter comp sales up 14.8%,

trouncing expectations a ten-percent. Cost at the retailer a higher because their own how so many new stores.

Must Read: [video] Inflation Drops in Europe, UK

Tile Shop plans on increasing its square footage by approximately 25 percent annually, that's both you're not gonna find at Home Depot or Lowes. Also new focus on increase advertising efforts should help build the brand and drive sales. Sometimes it takes money to make money and I recommend investors should be patient and endure the near term pain for long-term gain I'm Bryan Ashenberg for TheStreet in New York.


Written by Bryan Ashenberg in New York.
In keeping with TSC's editorial policy, Bryan Ashenberg doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He appreciates your feedback; click here to send him an email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $121.30 0.00%
FB $94.01 0.00%
GOOG $625.61 0.00%
TSLA $266.15 0.00%
YHOO $36.67 0.00%

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs